比特币[BTC]突破了合并和集会以收回$ 100K的水平

在过去的一天中，比特币[BTC]爆发了合并，并集结起来重新获得10万美元的水平。但是，不久之后，市场略微退缩，导致BTC定居109,062美元。

Bitcoin (BTC) price broke above the crucial $107k resistance on Wednesday and even touched the $110k level. However, the crypto encountered some resistance around $110k, leading to a slight pullback.

比特币（BTC）的价格超过了周三至关重要的107,000美元抵抗，甚至达到了11万美元的水平。但是，加密货币遇到了一些抵抗力，左右左右，导致了轻微的回调。

As a result, BTC settled down at $109k, sparking the interest of CryptoQuant analyst Axel Adler, who predicted further decline, citing Bitcoin’s Open Interest.

结果，BTC以10.9万美元的价格降低了，引发了加密分析师阿克塞尔·阿德勒（Axel Adler）的兴趣，后者预测了进一步的下降，理由是比特币的开放兴趣。

Bitcoin Open Interest saw a huge decline of $1 billion

比特币开放兴趣的大幅下降了10亿美元

According to Adler, Bitcoin’s Open Interest saw a huge decline of $1 billion in the past day. Such a significant decline indicates a large-scale position unwind and reduced leverage as investors strategically exited the market.

据阿德勒（Adler）称，比特币的开放兴趣在过去一天的大幅下降了10亿美元。如此重大的下降表明，随着投资者在战略上退出市场，大规模的位置放松并减少了杠杆作用。

The drop in OI created a negative net taker volume, which reflects sellers’ dominance in the market, thus causing a pullback from $110k.

OI的下降产生了负净收入人数，这反映了卖家在市场上的统治地位，从而导致$ 11万美元的回调。

This seller dominance is also evident in Bitcoin’s Taker Buy Sell Ratio, which dipped to negative levels for the first time in four days.

比特币的Taker买卖比率也很明显，该卖方的卖出比率在四天内首次降至负水平。

Taker Buy Sell Ratio measures the relative strength of buyers and sellers who are entering the market with market orders (also known as “taker” orders). A negative Taker Buy Sell Ratio indicates that sellers have entered the market and are dominating.

Taker Buy卖出比率衡量了通过市场订单进入市场（也称为“ Taker”订单）的买卖双方的相对强度。负面的买卖比率表明卖方进入了市场并处于主导地位。

As such, Bitcoin’s spot CVD also remained positive, reflecting a high profit realization in the spot market.

因此，比特币的现货CVD也保持积极，这反映了现货市场的高利润实现。

Therefore, as Bitcoin rallied to $100k, investors in the spot market turned to profit realization while those in the Futures market decided to reduce leverage.

因此，随着比特币升至10万美元，现货市场的投资者转向了实现利润，而期货市场中的投资者则决定降低杠杆作用。

Thus, traders on the spot exchanges are mostly selling, creating downward pressure on prices. The same pattern was reflected in the exchange activity, which turned positive after a fall in recent days.

因此，现货交易所进行的交易商主要是在销售，从而对价格下降了压力。交换活动反映了相同的模式，最近几天下降后呈正变。

At press time, Bitcoin’s exchange netflow was 1.2k BTC, reflecting higher exchange inflows. This implies that most holders and investors are sending their coins into exchanges.

发稿时，比特币的Exchange Netflow为1.2k BTC，反映了更高的交换流入。这意味着大多数持有人和投资者都将硬币发送到交流中。

These conditions point towards caution in the market, as some investors feared another pullback.

由于一些投资者担心另一个回调，因此这些条件在市场上谨慎。

Some market participants took the recent price uptick as an opportunity to realize profits, while those in Futures are aggressively reduced their leverage.

一些市场参与者将最近的价格上涨作为实现利润的机会，而期货的人则积极降低其杠杆作用。

After sellers entered the market, it created a downward pressure, resulting in a further decline on price charts. A further retrace will see Bitcoin retest the $107k support level, which has acted as a resistance previously.

卖方进入市场后，它造成了向下压力，导致价格表的进一步下降。进一步的回顾将使比特币重新测试$ 107K的支撑级，该支持水平以前是阻力。

A failure to hold above here will send BTC back to $106k, as predicted by Adler.

正如阿德勒（Adler）所预测的那样，在此处未能持有的不在此处将使BTC返回106K $ 106K。

However, if bulls continue to eye a higher resistance, they could start buying again and will absorb the pressure arising from the Futures market. If they hold, the market will reclaim $110k and eye $112k once again.

但是，如果公牛继续注视着更高的抵抗力，他们可能会再次开始购买，并吸收来自期货市场的压力。如果他们持有，市场将赚取11万美元，而Eye再次$ 112K。